Future vehicles that can compete with electric vehicles

Despite their leadership in the green transportation market, electric vehicles (EVs) may not be the only option available in the future. Several climate-friendly alternatives to battery electric vehicles are under research and design, although most are not receiving the public’s attention. So, will the green car of the future be electric, or will other technologies catch up with it to offer to other market leaders?

Sales of electric vehicles doubled in 2021, compared to the previous year, reaching 6.6 million. This means that about 10 percent of global car sales were electric. The International Energy Agency predicts that electric vehicles will contribute even more 30% of car sales by 2030, with increasing absorption rates along with implementation of climate policies around the world. But as sales of electric cars continue to rise, we may be seeing other eco-friendly vehicles come to market, as automakers compete to create the most innovative and carbon-neutral vehicles.

some less polluting Alternatives to diesel and gasoline Used to fuel vehicles including natural gas, BioNGV or Biomethane, hydrogen, biofuels, steam, nitrogen, and solar energy. Most These methods of running the car in its infancyHowever, with increased investment in research and development, they could soon catch up with the electric battery competition.

Just this week, Dutch startup Lightyear Launched the prototype of its new solar car Lightyear 0. The car is 5 meters long2 of solar panels and is expected to reach distances of about 70 kilometers from solar alone. At €250,000, it still has a long way to go before it becomes commercially viable, but it shows promise. Lightyear CEO, Lex Hoefsloot, explained: “It shows that it is possible, it is a demonstration of technology. But our goal is to be able to reach a mass market within three years, with a car worth 30,000 euros.”

The company believes the car can last for weeks or even months without a charge thanks to its solar capture panels, which recharge the battery while it is running or while it is parked. Lightyear says the car will last longer without a charge in sunny climates, but can still be used in cloudy conditions. Technology has come a long way in the past few years, showing the endless possibilities of new renewable technologies. hoflot advertiser “People have been saying it’s not possible, mostly because of the limited amount of solar you can get in a car,” but the startup appears to have proven them wrong.

The most established energy source is gas, with Compressed Natural Gas (CNG) and liquefied petroleum gas (LPG) vehicles that operate similarly to gasoline and diesel vehicles through spark-fired internal combustion engines. While gas-powered vehicles still produce carbon emissions, they are considered to be less polluting than conventional fuel vehicles. But, for the time being, just around 1 percent of gas stations in the United States offer CNGsince few automakers currently produce natural gas-powered cars are investing in zero-emissions alternatives.

The most competitive alternative to electric batteries at present is the hydrogen fuel cell. According to the 2021 analysis, the hydrogen fuel cell electric vehicle (FCEV) market is expected to be valuable $46.89 billion by 2028, achieving a compound annual growth rate of 68.52 percent. This represents a significant increase from the market value of $1.17 billion in 2020. BMW, Daimler, General Motors, Honda, Hyundai, Kia, Mazda, Renault, Toyota and Volvo are among some of the major automakers offering FCEVs in competition with electric car makers.

With investment in hydrogen technology, particularly in carbon-neutral green hydrogen, which has increased exponentially in the past few years, automakers are pumping billions to make the FCEV market competitive with the well-established electric vehicle market. While FCEVs are criticized for being less efficient than electric vehicles, given that only 55 percent of hydrogen energy generated by electrolysis is usable, hydrogen is highly competitive with electric batteries in many ways. For example, fuel cells recharge quickly, allowing users to pump hydrogen fuel much the same way they pump gasoline or diesel. This means that they are. Much faster charging than batteries which should be connected to the mains for about an hour. Because fuel cells are used to store hydrogen fuel, FCEVs typically have a much longer range than conventional electric vehicles.

However, the FCEV faces many challenges such as the more established electric vehicle infrastructure already in place in many countries around the world. For the FCEV market to be successful, companies and governments must invest heavily in building hydrogen fuel stations over the next decade. Additionally, the cost of green hydrogen remains high, which means FCEVs are more expensive in energy than existing electric vehicles. Although innovations in hydrogen production are expected to lead to lower prices in the coming years.

While battery electric cars are still the most popular “green car” at the moment, many other technologies are catching up quickly, as automakers look to produce the most competitive renewable-energy vehicles. Ultimately, increased investment in technologies such as solar energy, natural gas, and hydrogen could dramatically change the green vehicle market over the next decade.

By Felicity Bradstock for Oilprice.com

More Top Reads from Oilprice.com:

Leave a Comment